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Comparision (Groww VS Apollo Money)

 

Groww Vs Apollo Money

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Apollo Money
Apollo Money Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Groww Vs Apollo Money - Broker Details

Groww Apollo Money
Single Margin Facility
Year of Incorporation 2016 2009
Exchanges NSE and BSE. NSE, BSE and MCX
Branches Zero 200
Brokerage ₹20/ Order null
Broker Type Discount Broker Full Service Broker

Groww Vs Apollo Money - Account Opening & AMC Charges

Groww Apollo Money
Trading Account Opening Charge ₹0 (Free) ₹300
Demat Account Opening Charge ₹0 (Free) ₹0
Demat Account AMC ₹0 (Free) ₹300 per Year (Individual)
Trading Account AMC ₹0 (Free) ₹300 per Year (Individual)

Groww Vs Apollo Money - Brokerage charges & Plans

Groww Apollo Money
Commodity Futures N/A N/A
Currency Futures N/A N/A
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 10 Paisa
Equity Options ₹20/ Order or 0.05% (whichever is lower) 1 paisa
Commodity Options N/A N/A
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 1 paisa
Currency Options N/A N/A
Fixed Charges ₹20/ Order 1 paisa
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 1 paisa

Groww Vs Apollo Money - Other Charges

Groww Apollo Money
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹20 per Order
Other Brokerage Charges ₹20/ Order or 0.05% 1 paisa
Minimum Brokerage ₹20/ Order 1 paisa

Groww Vs Apollo Money - Transaction Charges

Groww Apollo Money
Currency Options N/A NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001%
Equity Futures NSE:- 0.002% NSE: 0.0019%
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE: 0.00325% | BSE: 0.00325%
Equity Options NSE:- 0.053% on premium NSE: 0.05% (on premium) | NSE: 0.053% (on premium)
Commodity N/A Exchange txn charge: 0.05%
Currency Futures N/A NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022%
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE: 0.00325% | BSE: 0.00325%

Groww Vs Apollo Money - Margin (Exposure)

Groww Apollo Money
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x(100% of NRML margin (Span + Exposure))
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)

Groww Vs Apollo Money - Features

Groww Apollo Money
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Desktop EXE version, 2. Apollo Money Web, 3 Apollo MF APP
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs Apollo Money - Review & Rating

Groww Apollo Money
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Groww Vs Apollo Money - Request a call back from Broker

Groww Apollo Money

Groww Vs Apollo Money - Investment Options

Groww Apollo Money
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Groww Vs Apollo Money - Order Type

Groww Apollo Money
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Groww Vs Apollo Money - Research & Report

Groww Apollo Money
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Groww Vs Apollo Money - Daily Market Report

Groww Apollo Money
Daily Market Reports & News

Groww Vs Apollo Money - Suitable For Investor

Groww Apollo Money
Casual Investor
Active Investor
Trader

Groww Vs Apollo Money - Pros & Cons

Groww Apollo Money
Pros 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being.
Cons 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. 1. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary.

Groww Vs Apollo Money - Background

Groww Apollo Money

Groww Vs Apollo Money - Compare All Brokers

Groww Apollo Money

Groww Vs Apollo Money - STT/CTT

Groww Apollo Money
Commodity Futures N/A 0.05% on sell side
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.1% on buy & sell
Equity Options 0.05% only on sell 0.0625% on sell side (on premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.0125% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Apollo Money - Demat transaction charges

Groww Apollo Money
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹20 + GST per scrip

Groww Vs Apollo Money - GST

Groww Apollo Money
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)

Groww Vs Apollo Money - SEBI Charges

Groww Apollo Money
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Apollo Money - Account Opening & AMC Charges

Groww
Apollo Money
Trading Account Opening Charge
₹0 (Free)
₹300
Demat Account Opening Charge
₹0 (Free)
₹0
Demat Account AMC
₹0 (Free)
₹300 per Year (Individual)
Trading Account AMC
₹0 (Free)
₹300 per Year (Individual)
 
Call Back Open Account

Groww Vs Apollo Money

Groww Apollo Money
 

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
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Apollo Money Account Opening Charges and Process Details

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Apollo Money
Apollo Money Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Groww Vs Apollo Money - Brokerage charges & Plans

Groww Apollo Money
Commodity Futures N/A N/A
Currency Futures N/A N/A
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 10 Paisa
Equity Options ₹20/ Order or 0.05% (whichever is lower) 1 paisa
Commodity Options N/A N/A
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 1 paisa
Currency Options N/A N/A
Fixed Charges ₹20/ Order 1 paisa
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 1 paisa
Call Back Open Account

Groww Vs Apollo Money - Margin (Exposure)

Groww Apollo Money
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x(100% of NRML margin (Span + Exposure))
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Groww Vs Apollo Money - Other Charges

Groww Apollo Money
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹20 per Order
Other Brokerage Charges ₹20/ Order or 0.05% 1 paisa
Minimum Brokerage ₹20/ Order 1 paisa

Groww Vs Apollo Money - STT/CTT

Groww Apollo Money
Commodity Futures N/A 0.05% on sell side
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.1% on buy & sell
Equity Options 0.05% only on sell 0.0625% on sell side (on premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.0125% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Apollo Money - Demat transaction charges

Groww Apollo Money
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹20 + GST per scrip

Groww Vs Apollo Money - GST

Groww Apollo Money
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)

Groww Vs Apollo Money - SEBI Charges

Groww Apollo Money
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Apollo Money - Features

Groww Apollo Money
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Desktop EXE version, 2. Apollo Money Web, 3 Apollo MF APP
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

Apollo Money